STS(SH:603322) Zheng Quan Zhi Xing·2025-06-25 16:36Core Viewpoint - The company has decided to extend the validity period of the resolution for issuing A-shares to specific targets, ensuring the continuity and effectiveness of the issuance process [1][2]. Group 1 - The company held meetings on June 26, 2023, and July 12, 2023, to approve the initial resolution for issuing A-shares, which was set to be valid for 12 months from the date of approval at the first temporary shareholders' meeting in 2023 [1]. - On June 24, 2024, the company’s board approved an extension of the resolution's validity period until July 11, 2025 [1]. - The company convened a meeting on June 25, 2025, to further extend the validity period of the resolution for issuing A-shares, which will now last for 12 months from the date of approval at the second temporary shareholders' meeting in 2025 [2]. Group 2 - The extension is necessary as the company has not yet completed the issuance of A-shares to specific targets for 2023, and it aims to ensure the smooth progress of related work [2]. - Other aspects of the stock issuance plan remain unchanged despite the extension of the validity period [2].